Record-Low Inventory
As the uncertainty of COVID began to give potential sellers cold feet, inventory began to plummet.
Data updated:
March 1, 2021
Windermere Real Estate market statistics and latest trends - March, 2021
For Sale Statistics
February, 2021
| Average Homes Prices: | $762,452 |
| Average Price Per Square Foot: | $209.48 |
| For Sale Inventory: | 106 Properties |
| Homes Sold: | 105 Properties |
| Average Time To Sale: | 71 Days |
| Average Mortgate Rates: | 2.72% |
For Rent Statistics
February, 2021
| Average Rental Price: | $2,314 |
| Average Rental Price Per Square Foot: | $1.07 |
| For Rent Inventory: | 35 Properties |
| Homes Rented: | 45 Properties |
| Average Time To Rent: | 46 Days |
Demographics
Area´s Population:
3,430 People
Average Household Income:
$153,348 Per Year
Area´s Area Size
1.9 Square Miles
*Data provided by StellarMLS and Orlando Realtors Association
Your Most Up to Date Windermere Housing Market Overview
Thinking of investing in Windermere?
Want to know how the market is performing? We'll tell you everything you need to know about the Windermere housing market, with the latest March, 2021 statistics, and an overview of 2020 that shows us how we got here. Because real estate is tricky business.
And as we saw in 2020, as average Windermere home price rose despite COVID, the market is full of surprises. But by analyzing the numbers, we can get a better understanding of the Windermere real estate market, and ultimately, make a better investment. Read on to learn more. Or contact Authentic Real Estate Team Now!
What Is the Average & Median Home Price in Windermere, Florida?
As COVID-19 ravaged sector after sector in the business world, many worried real estate would be next.
But their fears were unfounded.
In fact, some markets are growing.
Like Windermere, for instance.
Looking at the housing market statistics, we find that average home price is on the rise in Windermere.
Hitting $762,452 by February, 2021.
So, what's that mean for your needs?
Breaking the data down further, we see that prices went up across all home types.
With condos, townhomes, and houses bringing $290,000, $272,384 and $923,517 dollars, respectively.
Meaning, whatever type of Windermere investment real estate best suits your needs, now is the time to buy it.
March, 2020
| Homes Prices | Average | Median |
| Condo | $211,000 | $206,530 |
| Townhouse | $273,590 | $273,000 |
| Single Family | $781,590 | $550,000 |
| Overall | $650,844 | $470,000 |
April, 2020
| Homes Prices | Average | Median |
| Condo | $214,500 | $210,950 |
| Townhouse | $286,462 | $285,000 |
| Single Family | $898,035 | $613,000 |
| Overall | $734,546 | $460,000 |
May, 2020
| Homes Prices | Average | Median |
| Condo | $219,345 | $215,237 |
| Townhouse | $293,333 | $301,000 |
| Single Family | $586,621 | $462,710 |
| Overall | $549,707 | $412,000 |
June, 2020
| Homes Prices | Average | Median |
| Condo | $223,233 | $210,325 |
| Townhouse | $263,156 | $250,000 |
| Single Family | $919,193 | $530,000 |
| Overall | $815,608 | $485,000 |
July, 2020
| Homes Prices | Average | Median |
| Condo | $218,900 | $218,900 |
| Townhouse | $278,040 | $277,000 |
| Single Family | $795,917 | $571,000 |
| Overall | $788,531 | $536,250 |
August, 2020
| Homes Prices | Average | Median |
| Condo | $219,300 | $215,250 |
| Townhouse | $278,040 | $277,000 |
| Single Family | $795,197 | $571,000 |
| Overall | $788,531 | $536,250 |
September, 2020
| Homes Prices | Average | Median |
| Condo | $222,600 | $211,000 |
| Townhouse | $274,612 | $265,000 |
| Single Family | $837,609 | $531,500 |
| Overall | $720,516 | $462,500 |
October, 2020
| Homes Prices | Average | Median |
| Condo | $218,000 | $218,000 |
| Townhouse | $285,693 | $288,050 |
| Single Family | $869,474 | $597,500 |
| Overall | $719,340 | $447,500 |
November, 2020
| Homes Prices | Average | Median |
| Condo | $223,500 | $209,500 |
| Townhouse | $309,348 | $305,000 |
| Single Family | $783,370 | $512,000 |
| Overall | $706,680 | $455,000 |
December, 2020
| Homes Prices | Average | Median |
| Condo | $219,200 | $220,950 |
| Townhouse | $279,416 | $269,000 |
| Single Family | $803,167 | $599,000 |
| Overall | $705,415 | $527,000 |
January, 2021
| Homes Prices | Average | Median |
| Condo | $243,450 | $237,000 |
| Townhouse | $308,300 | $289,000 |
| Single Family | $0 | $0 |
| Overall | $0 | $0 |
February, 2021
| Homes Prices | Average | Median |
| Condo | $290,000 | $290,000 |
| Townhouse | $272,384 | $270,000 |
| Single Family | $923,517 | $619,000 |
| Overall | $762,452 | $492,556 |
Average home price for the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
For Sale: Average Price per Square Foot
As you might imagine, the average Windermere home price isn't going up because homes are getting bigger.
Price per square foot is rising, too!
Currently, the average Windermere home is priced at $209.48 per square foot.
With condos, townhomes, and single-family homes commanding $290,000, $272,384 and $923,517 respectively.
Which, if you've ever seen the average Windermere home, you know means big money.
March, 2020
| Average Price Per Square Foot | $194.15 |
April, 2020
| Average Price Per Square Foot | $212.60 |
May, 2020
| Average Price Per Square Foot | $186.43 |
June, 2020
| Average Price Per Square Foot | $203.78 |
July, 2020
| Average Price Per Square Foot | $203.79 |
August, 2020
| Average Price Per Square Foot | $205.03 |
September, 2020
| Average Price Per Square Foot | $196.95 |
October, 2020
| Average Price Per Square Foot | $209.34 |
November, 2020
| Average Price Per Square Foot | $211.44 |
December, 2020
| Average Price Per Square Foot | $206.02 |
January, 2021
| Average Price Per Square Foot | $0 |
February, 2021
| Average Price Per Square Foot | $209.48 |
Average price per square foot for the last 12 months in Windermere, Florida
Average Price Per Square Foot
Windermere for Sale Real Estate Inventory
While the recent growth of the Windermere real estate market took some by surprise, the housing statistics help us understand how it happened.
And one of the most elucidating stats is inventory.
As COVID struck uncertainty in the hearts of potential sellers, many decided to hang onto their homes.
Causing inventory to fall to an incredible 106 homes by February, 2021.
And while it's fluctuated in the months since then, the general trend has been the same:
Inventory is falling.
This has made Windermere real estate a commodity, and thus, a great investment opportunity!
March, 2020
For Sale Inventory
| Condo | 12 |
| Townhouse | 9 |
| Single Family | 170 |
| Overall | 191 |
April, 2020
For Sale Inventory
| Condo | 9 |
| Townhouse | 12 |
| Single Family | 162 |
| Overall | 183 |
May, 2020
For Sale Inventory
| Condo | 8 |
| Townhouse | 13 |
| Single Family | 157 |
| Overall | 178 |
June, 2020
For Sale Inventory
| Condo | 13 |
| Townhouse | 18 |
| Single Family | 135 |
| Overall | 166 |
July, 2020
For Sale Inventory
| Condo | 15 |
| Townhouse | 11 |
| Single Family | 122 |
| Overall | 148 |
August, 2020
For Sale Inventory
| Condo | 10 |
| Townhouse | 18 |
| Single Family | 145 |
| Overall | 173 |
September, 2020
For Sale Inventory
| Condo | 8 |
| Townhouse | 12 |
| Single Family | 142 |
| Overall | 162 |
October, 2020
For Sale Inventory
| Condo | 11 |
| Townhouse | 15 |
| Single Family | 109 |
| Overall | 135 |
November, 2020
For Sale Inventory
| Condo | 9 |
| Townhouse | 18 |
| Single Family | 129 |
| Overall | 156 |
December, 2020
For Sale Inventory
| Condo | 4 |
| Townhouse | 11 |
| Single Family | 132 |
| Overall | 147 |
January, 2021
For Sale Inventory
| Condo | 4 |
| Townhouse | 3 |
| Single Family | 113 |
| Overall | 120 |
February, 2021
For Sale Inventory
| Condo | 1 |
| Townhouse | 6 |
| Single Family | 99 |
| Overall | 106 |
For sale inventory for the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
Sold Homes in Windermere
Though inventory is down, sales are up in Windermere.
Increased demand from a growing population is driving up sales.
Forcing Windermere and Greater Orlando to build like mad to make up for the shortage.
In fact, February, 2021 saw 105 homes sold just that month!
March, 2020
Homes Sold
| Condo | 2 |
| Townhouse | 20 |
| Single Family | 69 |
| Overall | 91 |
April, 2020
Homes Sold
| Condo | 2 |
| Townhouse | 13 |
| Single Family | 43 |
| Overall | 58 |
May, 2020
Homes Sold
| Condo | 0 |
| Townhouse | 7 |
| Single Family | 31 |
| Overall | 38 |
June, 2020
Homes Sold
| Condo | 0 |
| Townhouse | 9 |
| Single Family | 48 |
| Overall | 57 |
July, 2020
Homes Sold
| Condo | 1 |
| Townhouse | 20 |
| Single Family | 77 |
| Overall | 98 |
August, 2020
Homes Sold
| Condo | 1 |
| Townhouse | 10 |
| Single Family | 78 |
| Overall | 89 |
September, 2020
Homes Sold
| Condo | 5 |
| Townhouse | 17 |
| Single Family | 86 |
| Overall | 108 |
October, 2020
Homes Sold
| Condo | 2 |
| Townhouse | 24 |
| Single Family | 76 |
| Overall | 102 |
November, 2020
Homes Sold
| Condo | 4 |
| Townhouse | 10 |
| Single Family | 77 |
| Overall | 91 |
December, 2020
Homes Sold
| Condo | 1 |
| Townhouse | 17 |
| Single Family | 79 |
| Overall | 97 |
January, 2021
Homes Sold
| Condo | 3 |
| Townhouse | 22 |
| Single Family | 66 |
| Overall | 91 |
February, 2021
Homes Sold
| Condo | 1 |
| Townhouse | 25 |
| Single Family | 79 |
| Overall | 105 |
Homes sold in the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
Average Time to Sell a Home in Windermere
As of February, 2021 homes for sale in Windermere were spending an average of 71 days on the market (ADOM).
That's somewhat longer than ADOM the last few months.
But not much longer, and not for much longer.
January is slow season for real estate sales, and we expect ADOM to go back down as 2021 progresses.
March, 2020
| Average Time To Sale | 124 Days |
April, 2020
| Average Time To Sale | 73 Days |
May, 2020
| Average Time To Sale | 52 Days |
June, 2020
| Average Time To Sale | 59 Days |
July, 2020
| Average Time To Sale | 49 Days |
August, 2020
| Average Time To Sale | 75 Days |
September, 2020
| Average Time To Sale | 114 Days |
October, 2020
| Average Time To Sale | 85 Days |
November, 2020
| Average Time To Sale | 89 Days |
December, 2020
| Average Time To Sale | 93 Days |
January, 2021
| Average Time To Sale | 62 Days |
February, 2021
| Average Time To Sale | 71 Days |
Average time to sell a home for the last 12 months in Windermere, Florida
Average Time To Sale
What Are the Average Mortgage Rates in Windermere, Florida?
One of the most surprising statistics of the 2020 Windermere housing market was the average mortgage rate.
Rates dropped sharply in June as the Fed scrambled to stoke the economy.
By February, 2021 they were at 2.72%.
A new record.
This makes it both a great time to buy or refinance a home.
As well as - as low rates drive demand - a great time to sell.
March, 2020
| Average Mortage Rates | 3.45% |
April, 2020
| Average Mortage Rates | 3.20% |
May, 2020
| Average Mortage Rates | 3.22% |
June, 2020
| Average Mortage Rates | 3.04% |
July, 2020
| Average Mortage Rates | 2.97% |
August, 2020
| Average Mortage Rates | 2.85% |
September, 2020
| Average Mortage Rates | 2.74% |
October, 2020
| Average Mortage Rates | 2.72% |
November, 2020
| Average Mortage Rates | 2.70% |
December, 2020
| Average Mortage Rates | 2.70% |
January, 2021
| Average Mortage Rates | 2.73% |
February, 2021
| Average Mortage Rates | 2.72% |
Average mortgage rate for the last 12 months in Windermere, Florida
Average Mortage Rates
How Did COVID-19 Affect the Windermere Real Estate Market?
- Like all aspects of our lives, COVID impacted the way we buy and sell homes.
- But not necessarily for the worse.
- In Windermere, for example, investors are taking advantage of historic opportunities.
- Such as:
Growth
Meanwhile, the Greater Orlando Area began growing at an unprecedented rate as refugees from struggling cities like New York and LA descended on Florida.
Interest Rates
To invigorate the economy, the Fed began to lower interest rates to record levels.
Rising Prices
When a growing population meets low interest rates, demand is doubled. And when high demand meets low inventory, you get rising prices.
Future Growth
Looking at how the housing market statistics are trending, and considering Orlando's growing economy, Windermere will keep growing, and average home price will keep rising, well into 2021.
That means, whether you want to rent to recent arrivals, let your home appreciate, or both, Windermere in 2021 is the place and time.
Homes for Sale in Windermere
Windermere's inventory had been on the downswing since well before the pandemic.
But as the threat of COVID grew more and more certain, and the future less so, what sellers there were began to drop out of the market, too.
Creating an historic dearth of homes in the Orlando area.
In fact, by February, 2021 there were just 106 homes for sale in Windermere.
And although, month to month, we've seen vacillations, the overall trend has been one of decline.
Windermere Demographics
Though Windermere is best-known for lavish mansions, its population and, therefore, its housing market, is actually quite diverse.
We can use the housing market statistics to get a better grasp of Windermere's demographic makeup.
March, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
April, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
May, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
June, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
July, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
August, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
September, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
October, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
November, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
December, 2020
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
January, 2021
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
February, 2021
Demographics
| Area´s Population | 3,430 |
| Average Household Income | $153,348 |
| Area´s Area Size | 1.9 |
Population: How Many People Live in Windermere?
Windermere is home to just 3,430 people.
Giving it Authentic Real Estate Team small-town charm and a strong sense of community.
Average Household Income
According to bestplaces.net, the median household income in Windermere is $153,348.
Windermere Area Size
At just over 1 and a half square miles, Windermere's small size automatically limits supply.
Which, of course, boosts your resale value and rental rates.
Windermere Real Estate Rental Market Statistics
2020 wasn't just an unprecedented year for residential real estate.
Let's look at the statistics to see how rental real estate fared on the Windermere housing market.
What is the Average and Median Rental Price in Windermere?
In February, 2021 the average and median rental price for a home in Windermere was $2,314 and $2,095 respectively.
March, 2020
| Rental Prices | Average | Median |
| Condo | $1,490 | $1,490 |
| Townhouse | $1,882 | $1,875 |
| Single Family | $2,768 | $2,450 |
| Overall | $2,434 | $2,150 |
April, 2020
| Rental Prices | Average | Median |
| Condo | $1,520 | $1,490 |
| Townhouse | $1,945 | $1,900 |
| Single Family | $2,719 | $2,400 |
| Overall | $2,581 | $2,325 |
May, 2020
| Rental Prices | Average | Median |
| Condo | $1,612 | $1,612 |
| Townhouse | $1,868 | $1,850 |
| Single Family | $3,305 | $2,550 |
| Overall | $2,805 | $2,298 |
June, 2020
| Rental Prices | Average | Median |
| Condo | $1,525 | $1,525 |
| Townhouse | $1,853 | $1,873 |
| Single Family | $3,585 | $2,600 |
| Overall | $2,900 | $2,200 |
July, 2020
| Rental Prices | Average | Median |
| Condo | $1,611 | $1,638 |
| Townhouse | $1,883 | $1,875 |
| Single Family | $2,776 | $2,545 |
| Overall | $2,518 | $2,200 |
August, 2020
| Rental Prices | Average | Median |
| Condo | $1,690 | $1,721 |
| Townhouse | $1,915 | $1,945 |
| Single Family | $3,676 | $2,885 |
| Overall | $2,964 | $2,150 |
September, 2020
| Rental Prices | Average | Median |
| Condo | $1,650 | $1,650 |
| Townhouse | $1,977 | $1,950 |
| Single Family | $3,293 | $2,425 |
| Overall | $2,884 | $2,300 |
October, 2020
| Rental Prices | Average | Median |
| Condo | $1,669 | $1,650 |
| Townhouse | $1,860 | $1,875 |
| Single Family | $3,210 | $2,475 |
| Overall | $2,565 | $2,050 |
November, 2020
| Rental Prices | Average | Median |
| Condo | $1,623 | $1,623 |
| Townhouse | $1,815 | $1,800 |
| Single Family | $3,088 | $2,345 |
| Overall | $2,625 | $2,050 |
December, 2020
| Rental Prices | Average | Median |
| Condo | $1,567 | $1,600 |
| Townhouse | $1,904 | $1,900 |
| Single Family | $2,926 | $2,423 |
| Overall | $2,424 | $2,050 |
January, 2021
| Rental Prices | Average | Median |
| Condo | $1,613 | $1,595 |
| Townhouse | $1,895 | $1,888 |
| Single Family | $3,014 | $2,400 |
| Overall | $2,487 | $2,143 |
February, 2021
| Rental Prices | Average | Median |
| Condo | $1,598 | $1,595 |
| Townhouse | $1,868 | $1,850 |
| Single Family | $2,703 | $2,350 |
| Overall | $2,314 | $2,095 |
Average rent price for the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
For Rent: Average Price per Square Foot
As of February, 2021 the average price per square foot for a rental home in Windermere was $1.07.
That's about what we would expect looking at the average price overall.
And it further corroborates what all the data are pointing to:
It's prime time to make a real estate investment in Windermere!
March, 2020
| Average Rental Price Per Square Foot | $1.05 |
April, 2020
| Average Rental Price Per Square Foot | $1.04 |
May, 2020
| Average Rental Price Per Square Foot | $1.07 |
June, 2020
| Average Rental Price Per Square Foot | $1.16 |
July, 2020
| Average Rental Price Per Square Foot | $1.07 |
August, 2020
| Average Rental Price Per Square Foot | $1.11 |
September, 2020
| Average Rental Price Per Square Foot | $1.15 |
October, 2020
| Average Rental Price Per Square Foot | $1.48 |
November, 2020
| Average Rental Price Per Square Foot | $1.14 |
December, 2020
| Average Rental Price Per Square Foot | $1.09 |
January, 2021
| Average Rental Price Per Square Foot | $1.12 |
February, 2021
| Average Rental Price Per Square Foot | $1.07 |
Average rent price per square foot for the last 12 months in Windermere, Florida
Average Rental Price Per Square Foot
Windermere for Rent Inventory
In February, 2021 rental inventory in Windermere stood at 35.
With 14 single-family homes, 5 condos and 16 townhomes up for rent that month.
March, 2020
For Rent Inventory
| Condo | 7 |
| Townhouse | 8 |
| Single Family | 29 |
| Overall | 44 |
April, 2020
For Rent Inventory
| Condo | 13 |
| Townhouse | 11 |
| Single Family | 30 |
| Overall | 54 |
May, 2020
For Rent Inventory
| Condo | 10 |
| Townhouse | 9 |
| Single Family | 22 |
| Overall | 41 |
June, 2020
For Rent Inventory
| Condo | 11 |
| Townhouse | 9 |
| Single Family | 25 |
| Overall | 45 |
July, 2020
For Rent Inventory
| Condo | 8 |
| Townhouse | 12 |
| Single Family | 29 |
| Overall | 49 |
August, 2020
For Rent Inventory
| Condo | 9 |
| Townhouse | 12 |
| Single Family | 20 |
| Overall | 41 |
September, 2020
For Rent Inventory
| Condo | 5 |
| Townhouse | 10 |
| Single Family | 27 |
| Overall | 42 |
October, 2020
For Rent Inventory
| Condo | 9 |
| Townhouse | 15 |
| Single Family | 34 |
| Overall | 58 |
November, 2020
For Rent Inventory
| Condo | 10 |
| Townhouse | 12 |
| Single Family | 22 |
| Overall | 44 |
December, 2020
For Rent Inventory
| Condo | 7 |
| Townhouse | 15 |
| Single Family | 28 |
| Overall | 50 |
January, 2021
For Rent Inventory
| Condo | 5 |
| Townhouse | 22 |
| Single Family | 33 |
| Overall | 60 |
February, 2021
For Rent Inventory
| Condo | 5 |
| Townhouse | 16 |
| Single Family | 14 |
| Overall | 35 |
For rent inventory for the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
Rented Homes in Windermere
As COVID-stricken cities like LA and New York began hemorrhaging residents in 2020, Florida began to grow.
And it didn't stop.
In fact, as of this January, 2021 update, Florida is growing at a rate of 1,000 people a day.
Of course, for these desperate refugees, the long and fraught homebuying process isn't an option; they just want a roof over their heads.
So what's the solution?
Long-term rentals.
2020 saw homes rented in Orlando, and by extension, Windermere, go way up.
With 45 homes rented in February, 2021.
Including 25 single-family homes, 3 condos and 17 townhomes.
March, 2020
Homes Rented
| Condo | 1 |
| Townhouse | 14 |
| Single Family | 26 |
| Overall | 41 |
April, 2020
Homes Rented
| Condo | 0 |
| Townhouse | 5 |
| Single Family | 23 |
| Overall | 28 |
May, 2020
Homes Rented
| Condo | 0 |
| Townhouse | 16 |
| Single Family | 30 |
| Overall | 46 |
June, 2020
Homes Rented
| Condo | 2 |
| Townhouse | 20 |
| Single Family | 40 |
| Overall | 62 |
July, 2020
Homes Rented
| Condo | 4 |
| Townhouse | 13 |
| Single Family | 46 |
| Overall | 63 |
August, 2020
Homes Rented
| Condo | 3 |
| Townhouse | 19 |
| Single Family | 36 |
| Overall | 58 |
September, 2020
Homes Rented
| Condo | 2 |
| Townhouse | 9 |
| Single Family | 30 |
| Overall | 41 |
October, 2020
Homes Rented
| Condo | 4 |
| Townhouse | 15 |
| Single Family | 22 |
| Overall | 41 |
November, 2020
Homes Rented
| Condo | 0 |
| Townhouse | 12 |
| Single Family | 21 |
| Overall | 33 |
December, 2020
Homes Rented
| Condo | 3 |
| Townhouse | 20 |
| Single Family | 26 |
| Overall | 49 |
January, 2021
Homes Rented
| Condo | 3 |
| Townhouse | 26 |
| Single Family | 20 |
| Overall | 49 |
February, 2021
Homes Rented
| Condo | 3 |
| Townhouse | 17 |
| Single Family | 25 |
| Overall | 45 |
Homes rented in the last 12 months in Windermere, Florida
Condo
Townhouse
Single Family
Overall
Average Time to Rent a Home in Windermere
When demand for rentals goes up, the average time to rent goes down.
And that's just what the Windermere housing statistics show.
With 1,000 new residents arriving daily in Florida as of February, 2021, time to rent is down to just 46 days.
March, 2020
| Average Time to Rent | 33 Days |
April, 2020
| Average Time to Rent | 29 Days |
May, 2020
| Average Time to Rent | 40 Days |
June, 2020
| Average Time to Rent | 40 Days |
July, 2020
| Average Time to Rent | 31 Days |
August, 2020
| Average Time to Rent | 39 Days |
September, 2020
| Average Time to Rent | 37 Days |
October, 2020
| Average Time to Rent | 37 Days |
November, 2020
| Average Time to Rent | 26 Days |
December, 2020
| Average Time to Rent | 45 Days |
January, 2021
| Average Time to Rent | 45 Days |
February, 2021
| Average Time to Rent | 46 Days |
Average time to rent a property for the last 12 months in Windermere, Florida
Average Time to Rent
Windermere Real Estate Investment
Looking to buy an investment home in Central Florida?
Windermere in 2021 is the place and time.
Because interest rates are at an all-time low, down to 2.72% as of February, 2021.
Moreover, prices in Windermere are on the rise!
Hitting $762,452 by February, 2021.
And what's more, January is notoriously slow for real estate.
As the new year progresses, we expect the increase to steepen.
Why Should I Buy a Property in Windermere, Florida?
- With gorgeous homes, great schools, safety, and more, Windermere is one of Orlando's most exclusive, in-demand real estate markets.
- Here are just a few reasons you should buy a property in Windermere, Florida.
Location
Windermere's small area and population belie one of its best assets: a convenient location. With Downtown Orlando, Disney World, and the Orlando Airport all less than 30 minutes away, Windermere is an oasis of small-town charm in one of the country's biggest metropolises.
Safety
With a very low rate of violent crime, Windermere consistently ranks among Florida's safest places to live.
Moreover, the assets that make Windermere a great place to live also make it a lucrative place to invest!
Windermere Real Estate News
What's the news in Windermere, Florida?
Growth!
The Greater Orlando Area is growing, both economically and in terms of population, by the day.
And it's taking Windermere with it.
Windermere gives buyers and renters easy access to local points of interest like Downtown Orlando and I-Drive.
While its small size offers a sense solitude.
And as Windermere grows, so do home values and rental rates.
Making this a great time to find your Windermere real estate investment!
Windermere Real Estate Market Forecast
While isolated statistics make a quick and easy way to check in on the state of different market metrics, by stringing them together and charting their progress through time, we can make forecasts about the future.
So, what's the Windermere market have in store for 2021?
More growth!
As 2020 progressed, Windermere interest rates and inventory were in a race to the bottom.
While population and average price were on the rise.
And these trends haven’t changed.
As of February, 2021 interest rates were at a record-low 2.72% while prices hit $762,452.
Florida Real Estate Market Forecast and Latest Trends
For decades, cities like LA and New York have been home to the hottest real estate in the country.
Buyers and renters gladly payed big prices for small spaces - for the chance to live close to world-class amenities and points of interest.
But what happens when those amenities and points of interest close down?
As stringent COVID-19 restrictions forced business after business to close its doors, or at least cut capacity, those paying big to live near them started to ask themselves:
What's the point?
Meanwhile, thanks to a low cost of living and lax COVID restrictions, Florida was thriving.
It didn't take long for the immigration to begin.
Soon, a thousand people a day were crossing the Florida border to stay.
With many settling in Central Florida cities like Windermere.
And while vaccines and social distancing have helped us flatten the curve, cities like New York and LA have a long road to recovery.
If they ever recover at all.
All of which makes us confident in the following forecast:
Florida's growth is just getting started.
Windermere Real Estate Market Historical Data
Studying long-term statistical trends can help us better understand what makes the market tick.
So now that you know how Windermere is doing in the present, and how it's forecasted to do in the future, let's look at the past:
2007
Windermere Real Estate Market Stats in 2007
With the Recession just around the corner, the Windermere market was showing signs of destabilization.
Such as a 10% drop in average price, and a 44.68% reduction in sales.
2008
Windermere Real Estate Market Stats in 2008
As the Recession began in earnest, we saw prices fall another 25.56%.
2009
Windermere Real Estate Market Stats in 2009
By the end of 2009, sales were up 66.78%.
As sellers tried to offload their shriveling assets before it was too late.
2010
Windermere Real Estate Market Stats in 2010
Things began to stabilize somewhat in 2010.
As the rate of reduction in average price slowed from 28.36% to 12.5%.
2011
Windermere Real Estate Market Stats in 2011
Then, in 2011, we got our first signs of hope.
As Windermere home prices rose 13.33% above 2010's year-end average.
2012
Windermere Real Estate Market Stats in 2012
Mortgage rates fell to 3.46% in December 2012, indicating more stabilization.
2013
Windermere Real Estate Market Stats in 2013
In 2013, driven by a 188-point drop in inventory, prices rose by 20.75%.
2014
Windermere Real Estate Market Stats in 2014
In 2014, they rose yet again, this time by just 5.62%.
2015
Windermere Real Estate Market Stats in 2015
2015 saw inventory drop again, down by 666 homes in December.
Driving up prices another 9.47% compared to 2014.
2016
Windermere Real Estate Market Stats in 2016
2016's stats looked a lot like 2015's, as inventory remained low at 8,590.
While sales rose 13.57%.
2017
Windermere Real Estate Market Stats in 2017
The Windermere housing market experienced further growth in 2017, with the statistics showing a 10.31% increase in average home price.
2018
Windermere Real Estate Market Stats in 2018
2018 was a slow year.
As sales dropped 20.46% from 2017.
2019
Windermere Real Estate Market Stats in 2019
But by 2019, they were back up again, with 25.23% more homes sold than in 2018.
2020
Windermere Real Estate Market Stats in 2020
As COVID-19 drove people out of struggling cities and over the Florida border, the Windermere housing market showed big gains.
With the average Windermere home price rising 14.58%, while sales climbed by 20.36%.
2021
Windermere Real Estate Market Stats in 2021
Looking at the Windermere housing market statistics over the past few months, we feel confident making the following prediction:
Orlando, and by extension, Windermere, will continue to grow well into 2021.
Of course, real estate involves a complex set of variables, and the market can find endless ways to take you by surprise.
So count on Authentic Real Estate Team to keep you apprised of new developments as they happen.
Orlando Real Estate Market
Looking for a more general overview of the market statistics in Orlando?
Check out our Orlando real estate market review for a comprehensive look at the Greater Orlando housing market!
A Windermere Realtor for All Your Needs
As we mentioned, Windermere is more than just mansions.
And Authentic Real Estate Team is more than just investment real estate.
Count on an Authentic Real Estate Team Windermere real estate agent for:
Single-Family Homes for Sale in Windermere
Single-family homes for sale in Windermere, FL are the area’s most popular home type, not to mention its fastest-appreciating.
Condos and Apartments for Sale in Windermere
Condos for sale in Windermere make a great low-maintenance home away from home.
Townhomes for Sale in Windermere
Unlike a condo, townhomes for sale in Windermere come with land!
Pool Homes for Sale in Windermere
A private pool raises your resale value and lowers your time to rent.
Count on Authentic Real Estate Team for great prices on homes for sale in Windermere FL with pool!
Lakefront Homes in Windermere
At 27% water, Windermere is lake-home central in the Orlando area.
And Authentic Real Estate Team is your premier source for Windermere lakefront homes for sale at amazing prices!
Homes with Guest House for Sale in Windermere
Homes for sale with guest house in Windermere FL have added functionality and curb appeal.
New Homes for Sale in Windermere
As Orlando grows by 2.13% a year (macrotrends.net), Windermere grows along with it.
Count on Authentic Real Estate Team to help you find the best new homes for sale in Windermere!
Luxury Homes for Sale in Windermere
Luxury homes for sale in Windermere FL range into the tens of millions of dollars.
Vacation Homes for Sale in Windermere
With quick access to local attractions, Windermere vacation homes for sale make ideal homes away from home.
Villas for Sale in Windermere
Of course, in moneyed Windermere, you don’t have to stop at a mere vacation home.
Count on Authentic Real Estate Team for great deals on Windermere villas for sale!
Community Homes for Sale in Windermere
Community homes give you added safety and luxury amenities.
Here are a few great communities in Windermere.
Lake Burden
Located on the shores of its eponymous lake, Lake Burden features single-family homes and townhomes with picturesque views.
Other features include a clubhouse, community pool, sports field, tennis courts, shared dock, walking trail, and more!
Casabella
Featuring luxury estate homes by Toll Brothers builders, Casabella is one of Windermere’s most exclusive neighborhoods.
Amenities include a gated entrance, two central ponds, a playground, and more!
Keene’s Pointe
Keene’s Pointe is a massive master-planned community in prestigious Windermere.
Perks include golf course- and lake views, a gated entrance, and 14 distinct neighborhoods to choose from!
Windermere Trails
With Windermere Trails, builder Mattamy Homes brings its renowned attention to detail and quality craftsmanship to prestigious Windermere.
This community features luxury single-family homes in a range of styles, ages, and price points.
As well as a generous amenities package that includes a community pool, playground, splash pad, dog park, and more!
Windermere Sound
Windermere Sound boasts luxury, new-construction single-family homes in upscale Windermere.
Amenities include a guarded, gated entrance, pool, tennis courts, a basketball court, and a playground.
Lakeside at Lakes of Windermere
Lakeside at Lakes of Windermere is where luxury homes, world-class amenities, small-town charm, and the beauty of nature allmingle in harmony.
And with Authentic Real Estate Team, it could be home!
Isleworth
Nestled alongside the Butler Chain of Lakes, Isleworth is one of the most prestigious communities in Windermere, one of the most prestigious cities in Central Florida.
This upscale community boasts golf course- and lake views, a prime location near Downtown, and sprawling estate homes ranging into the tens of millions of dollars.
The Numbers Don't Lie: There's Never Been a Better Time to Invest in Windermere
Mortgage rates have never been lower.
And growth has never been higher.
In short, there's never been a better time to buy an investment home in Windermere.
But don't just take our word for it.
The proof is in the numbers!
Count on Authentic Real Estate Team to keep you informed with all the latest housing market statistics in Windermere and the Greater Orlando Area.
Or, to find your Windermere investment home
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